Multiple Choice
Based on the above figures, what is the current ratio?
A) 1.15:1
B) 1.21:1
C) 1.24:1
D) 1.30:1
Correct Answer:

Verified
Correct Answer:
Verified
Q10: <span class="ql-formula" data-value="\begin{array}{l}\begin{array} {lll } &£\\\text {Inentory
Q11: <span class="ql-formula" data-value="\begin{array}{l}\begin{array} {lll } &£\\\text {Trade
Q12: Smyrna Limited has the following liabilities
Q13: <span class="ql-formula" data-value="\begin{array}{l}\begin{array} {lll }&£000\\ \text {Inentory}&1,800\\\text
Q14: <span class="ql-formula" data-value="\begin{array}{l}\begin{array} {lll } &£\\\text {Trade
Q16: Different types of businesses have different cash
Q17: Bunye Limited has the following balances
Q18: <span class="ql-formula" data-value="\begin{array}{l}\begin{array} {lll } &£000\\\text {Nan-current
Q19: <span class="ql-formula" data-value="\begin{array}{l}\begin{array} {lll }&£\\ \text {Inentory}&63,700\\\text
Q20: At 31 October 2021, Tasha Limited has